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Superannuation Law

Self managed super funds (SMSF) are becoming increasingly popular as a retirement funding vehicle. This is because an SMSF provides more flexibility as to where you can invest the fund’s money and also gives you (the trustee) greater control.

Superannuation Law
 

Self managed super funds (SMSF) are becoming increasingly popular as a retirement funding vehicle. This is because an SMSF provides more flexibility as to where you can invest the fund’s money and also gives you (the trustee) greater control.

But it can be a very complex area. You need to have good knowledge of superannuation and taxation laws, and also be prepared to invest considerable time in managing the fund and its investments.

An SMSF can offer more freedom and flexibility but it also means you will have to carry far greater responsibilities.

At Creagh Weightman we can help you set up your SMSF, working closely with your financial planner and accountant. We can assist in the following areas:

  • Advise on fund structure
  • Explain your legal obligations and responsibilities
  • Prepare, review and amend your trust deed
  • Explain your trustee duties
  • Advise on borrowing strategies (e.g. investing into property)
  • Draft your disclosure documents
  • Develop a succession plan for your SMSF and link this to your will
  • Advise on compliance and regulatory issues

 In general, we can also help you stay abreast of superannuation rule changes so you’ll be able to maximise your benefits and avoid pitfalls.



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